Property ID: 4287079

Price: 4287079 60000.00 EUR

Key Features

Residential Property

Egypt - Red Sea - Hurghada

Apartment

Full Description

Samra Bay Marina & Spa resort offers the last option to become owner of a unit at the desirable "golden Mile" in Egypt, Hurghada. FRONTLINE, with lagoon and harbour.


With neighbours like Hilton resort and the Steigenberger Hotel, it is the best location that Hurghada has to offer. No wonder that this area is also the home of exclusive restaurants, shops and clubs.

The resort will be operated by SERENITY, a 5 star hotel chain that will suit the luxurious setup of this magnificent resort. It is the fifth resort that is being built by this developer in the area. This experience resulted in their most prestigious project so far; Samra Bay.

The resort is for 80% finished and will be delivered, on schedule,  in 2012. Do not hesitate and contact us now!

 

Samra Bay has an offer for lifestyle and investment buyers:

Samra Bay, Abrim offers spacious units for lifestyle buyers

Samra Bay, Malaki offers units for investment buyers with guaranteed yield

 

Abrim

Studio's are available from € 60.000,-  (48 sqm)

1 bed- 1 bath units are available from € 92.250,- (73 sqm)

2 bed- 2 bath units are available from € 130.000,- (106 sqm)

2 bed- 2 bath units are available from € 138.750,- (111 sqm) 

You will be allowed to stay the whole year and therefore will not make a rental return. This does not mean that you will not make a profit!  At present the annual price increase for Egyptian real estate is very high. You will benefit from this too. If, for whatever reason, you want to rent out your apartment; you are free to do so. An Abrim purchaser will get a R.O.I. by value increase and rental revenues.

All units are finished to luxury hotel standard. The apartment buildings will be 6 storeys tall by completion. All of the residences benefit from luxury finishes using the highest grade materials, ceramics and glass. Bathrooms will benefit from high quality suites and a hydro massage shower, all apartments will include Satellite TV, Internet connections, full kitchens and have spacious terrace areas to enjoy the climate. These apartments, however, are not furnished but a furniture pack is available for an additional price between 7000 and 9.000 euro. Views will be over swimming pool areas, established gardens, private beach, lagoon and Red Sea. 

Malaki 

Studio's are available from € 63.400,-  (47 sqm)

1 bed- 1 bath units are available from € 87.000,- (65 sqm)

The developer offers a guaranteed average rental return of 7.0% over 8 years of witch the first 2 years is bank guaranteed !! In addition, there is a buy back guarantee after 8 years of 125%. Together your NET yield will be 80% in 8 years!! Also you will have:

• access to the unit for 2 weeks per year yourselves
• 50% discount on all payable hotel services
• A fully furnished unit
• Rental management
• hassle free investment
  

Do not miss out on this opportunity and contact us for additional information. We speak English, German and Dutch. Do you need service in another language? We will connect you with someone from our international network.

You can follow us on Twitter: @secondhomeab and find us on Skype: secondhome-abroad